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diamong [38]
3 years ago
13

The Office of Economic Opportunity created controversy as it a. was one of the most effective programs of the Great Society b. s

ought to involve members of the poor communities through "Community Action" c. fell short of eliminating poverty because of program weaknesses and the lack of participation d. was never successful in achieving its goals e. failed to encourage community participation
Business
1 answer:
adell [148]3 years ago
7 0

Answer:

Option B                  

Explanation:

The Economic Development Department was the department responsible for overseeing much of the War on Welfare services that were developed as something of the binding referendum of Americas Leader Lyndon B. Johnson's Welfare state.

The OEO initiatives infused optimistic and ambitious Indian nation and provided many advantages, but the generic talents of governance and territorial power seemed similarly lasting. While several challenges were faced across the route, greater over a million Indian people never really had the opportunity to take on big obligations beforehand.  

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The _____ lists the beginning and ending balances of key equity accounts and describes the changes that occur during the period.
andrey2020 [161]

It should be noted that statement of retained earnings gives lists of the beginning and ending balances of key equity accounts.

<h3>What is statement of retained earnings?</h3>

The statement of retained earnings  can be regarded as a financial statements which provides details changes in the volume of retained earnings over some period.

statement of retained earnings describes the changes that occur during the period.

Learn more about statement of retained earnings at:

brainly.com/question/9261004

3 0
3 years ago
Faith Cassen has recently been hired as the manager of Gibraltar Coffee Shop. Gibraltar Coffee Shop is a national chain of franc
IrinaK [193]

Answer:

a.       I Disagree with Faith's method of handling this situation because she has not followed the internal control principle of safeguarding of assets. Stealing is a serious issue. An employee who can justify taking a box of tea bags can probably justify “borrowing” cash from the cash register.

b.      I Agree with Faith's method of handling this situation because Faith has followed the internal control principle of assignment of responsibility by making one employee responsible for the cash drawer and followed the internal control principle of segregation of duties (preparing the orders) from the accounting (taking orders and payments).

c.       I disagree with Faith's method of handling this situation because Faith has not followed the internal control principle of segregation of duties. It is true that faith has made one employee responsible however after cash counting another employee or Faith himself remove the cash register tape and compare the balance with cash drawer for effective internal control. Also, Faith’s standard of no mistakes may encourage the cashiers to overcharge a few customers in order to cover any possible shortages in the cash drawer.

6 0
3 years ago
"A registered representative is a 15% participant in an investment club formed by members of the local Elks Club. The Elks Club
Alex787 [66]

Answer: D. The account is prohibited from buying the new issue

Explanation:

The options to the question are:

A. The account can buy the issue without restriction

B. The account can buy the issue if the branch manager approves

C. The account can buy the issue if the registered representative agrees not to share in the profit on the position

D. The account is prohibited from buying the new issue.

From the question, we are informed that a registered representative is a 15% participant in an investment club formed by members of the local Elks Club and that the Elks Club investment club has opened a securities account at ABC Brokerage.

We are further told that the account wishes to buy an IPO being offered by an underwriter, out of the options that were given, the correct option is that account is prohibited from buying the new issue.

6 0
3 years ago
After graduating from college, you are hired by the Ford automobile company as an economic analyst. For your first project, you
nikdorinn [45]

Answer:

Explanation:Part 1). Answer :- Sales of Ford Mustangs will decrease by 15 % (1.5 * 10 %).

Explanation :- Camaro and Ford Mustangs are substitute goods because the cross-price elasticity between Ford Mustangs and Camaro is in positive. Accordingly, with the decrease in price of camaro, the quantity sold of Ford Mustangs will also decrease.

Part 2). Answer :- Quantity of Ford Mustangs will decrease by 16 % (0.80 * 20 %).

Explanation :- Gasoline and Ford Mustangs are complementary goods because the cross-price elasticity between Ford Mustangs and Camaro is in negative. Accordingly, with the increase in price of gasoline, the quantity sold of Ford Mustangs will decrease.

Part 3). Answer :- Quantity of Ford Mustangs will increase by 15 % (3 * 5 %).

Explanation :- With the increase in income of consumer, the demand for normal good also increase. Accordingly, with the increase in consumer's income, quantity demanded of Ford Mustangs will also increase.

3 0
4 years ago
A 3-year annual coupon bond has coupons of $12 per year starting one year from now and matures in 3 years for the amount $100. T
Ganezh [65]

Answer: Macaulay Duration = 2.6908154485 = 2.69

Explanation:

Macaulay Duration = Sum of Cash flows Present Value/ current bond price

Cash flows: year 1 = $12

Cash flows: year 2 = 12

Cash flows: year 3 = 100 + 12 = 112

Sum of Cash Flow PV = (1×12÷ (1.118)^1) + (2×12÷ (1.118)^2) +(3×112÷(1.118)^3)

Sum of Cash Flow PV = 270.37857712

Current Bond Price or Value = Face Value/ (1+r)^n + PV of Annuity

Current Bond Price or Value = 1000/ (1.118)^3 + (30×(1 - (1+0.118)^-3)/0.118

Current Bond Price or Value  = 100.48202201

Macaulay Duration = 270.37857712 ÷ 100.48202201

Macaulay Duration = 2.6908154485 = 2.69

4 0
3 years ago
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